Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 732 results for "coronavirus"

Aussie equities stage recovery

ELIZA BAVIN  |  TUESDAY, 21 JUL 2020
... in financial markets. "Equities markets around the world recovered from the first quarter sell-off triggered by the coronavirus pandemic," the report said. "Both developed and emerging equity markets rallied in the June quarter as easing social and lockdown ...

Government expands SME Guarantee Scheme

ANNABELLE DICKSON  |  MONDAY, 20 JUL 2020
... create new jobs and lift confidence across the economy as part of the broader efforts to combat the impact of the coronavirus on our country," he said. The government is guaranteeing 50% of new loans to SMEs in partnership with 44 approved lenders but ...

ERS payments approach $30bn mark

ELIZA BAVIN  |  MONDAY, 20 JUL 2020
Applications for the Early Release of Super (ERS) scheme have hit $28 billion, with funds having so far paid out $25.3 billion since the start of the scheme. APRA's data shows that since the launch of the ERS scheme is April this year, over 2.8 million ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... -Summer Breeze, Seals and Crofts It was expected. China was first in. It was the first country to be infected by the coronavirus. It was the first one to impose draconian social distancing and lockdown restrictions. It was the first to contained the ...

IFM pledges to kickstart COVID-19 recovery

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
Industry super owned IFM Investors has a plan for infrastructure investing that it says could save the Australian economy from COVID-19. The $140 billion investment manager owned by 27 industry funds has proposed the Building Australia Model as a means ...

Stimulus stutters amid record unemployment

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
The government's announcement of the new JobTrainer package was met with calls to extend the existing JobSeeker and JobKeeper measures as devastating unemployment numbers were released. Unemployment has now hit 7.4%, the highest it has been in two decades ...

Pandemic exacerbated retirement confidence: Research

ELIZA BAVIN  |  FRIDAY, 17 JUL 2020
Research from State Street found Australian savers have been more likely to check their super and change investment strategies during the COVID-19 crisis. Around 42% of Australian savers have been negatively impacted financially by COVID-19, according ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... contraction and the timing of its return to expansion. Victoria's still "The Garden State" - easier to cultivate the coronavirus; where COVID-19 is "On the Move"; it's "The Place to Be"... infected; and, "The Education State" - to learn how and ...

Morrison's legacy will be retirement poverty: ACTU

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
The Australian Council of Trade Unions has slammed the government's early release of superannuation program, saying that Prime Minister Scott Morrison's legacy will be a wave of retirement poverty. Following the second round of early release withdrawals ...

Chief economist update: BOJ takes breather on stimulus sprint

BENJAMIN ONG  |  THURSDAY, 16 JUL 2020
... asset purchases unchanged, promising that: "For the time being, the Bank will closely monitor the impact of the novel coronavirus (COVID-19) and will not hesitate to take additional easing measures if necessary, and also it expects short- and long-term ...